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Search Results 0 to 49 of about 212 (some duplicates have been removed)
, larry, and you can't tax an economy in the prosperity period. >> look, ideally you would say okay, we're going to freeze government spending at this level and that would mean over time it is going to fall as a percentage of the economy, but you can't ever get congress to do that, right? so it always ends up being something very harsh to get things done. and so this is the consequence that you have to face. at least in the short term. that you're going to have a short-term hit to gdp. but in the long run, the numbers are going to be better for the united states. >> most of that stuff is transfer payments. >> agreed. >> it will not even affect gdp. defense purchases do affect gdp. but to america since nobody ever wants to cut spending -- >> you got to cut somewhere. >> and i would do it right now. >> and it will only happen during bad times, larry. it will never happen during good times. we see that over and over again, when the economy is going gang busters, the government just chooses to spend more. it's in its nature. you have to do it when it's tough. >> lower spending means a stron
the sequester deadline down the road. to win them over he offered a package of spending cuts and more tax increases. how was that playing on capitol hill? here's ed henry. >> warning the nation's economic recovery hangs in the balance, president obama prodded congress to stop a series of massive spending cuts that could threaten national security urging them to come up with a short term combo of lesser spending cuts and tax increases beyond what he signed at the end of december. >> if they can't get a bigger package done by the time the sequester is scheduled to go into effect, then i believe that they should at least pass a smaller package. >> president says the sequester puts hundreds of thousands of jobs in jeopardy from classrooms to the pentagon and defense lie lockheed martin which announced hundreds of layoffs. mr. obama said damage can be stopped if john boehner accepts the white house's final offer from december, meaning up to $600 billion in more tax hikes through cutting deductions, and cuts to medicare and other programs. >> my healthcare proposals achieve the same savings by
to be exact, rejecting or ignoring many proposals, including a plan to lower tax rates in order to broaden the overall tax base. the council's last official meeting one and one year ago. unemployment has dropped from more than 9 percent of the council's inception to the current rate of 78%, but more than 23 million americans remain of work or are stuck in part-time jobs , wanted full-time work for. meantime, we learned initial jobless claims rose to 360,000 last week, an unexpected jump of over 38,000 from the prior week's four year low. the obama economy seems stuck in neutral. recoveries fragile. yesterday the drop in gdp. tomorrow's january unemployment report expected to remain. critics said the president has not remained lazar focused on creating jobs, and the dissolution of the jobs council is just the latest example of that. fox news senior white house correspondent with our report. >> more than one year after his last meeting with the group, president obama is now eviewing the charter for is jobs council. the unemployment rate is falling a little more than a percentage point as the
.6% to 58.6%. >> they want their payroll tax cut. >> declined december to january. >> they want the payroll tax cut, no wonder. >> the big picture job numbers that came out try were encouraging but even business experts were looking at the big picture and seeing the economy in job growth has been sluggish and terribly sluggish for a really long time. still hovering around 8% up employment. when is this going to end? no one sees it ending soon. that is bad news overall. >>> what do you think mort? >> i think the she remains weak -- economy remains weak. as pat was saying. $25 billion a week in terms of deficit spending trying to boost up the economy. secondly, $85 billion a month, coming out of the federal reserve, the loosest monetary policy we have ever had. we can barely get the economy to grow. it was 2.4% last year, then 1.8%, if that, maybe even less this year. despite all the stimulus. so the economy is continuing slow, it is not even staying flat. >> so you are saying we are in for several quarters of low growth? >> we hope it is going to be several quarters of low growth. anything c
's new regulations or his tax increases and therefore it is all the more difficult for them to expand their businesses and create jobs in america. to add to the uncertainty, the president's proposed sequestration is set to take effect this march. despite his promise, his promise to the american people that it would never actually happen, the president has yet to take any steps to undo this harmful measure. he has shown absolute indifference to the millions of americans whose livelihoods will be severely impacted by his sequestration. house republicans have twice passed legislation to replace the president's sequester with commonsense reforms that will reduce spending, preserve and strengthen our safety net for generations and preserve our national defense. this week the house will pass a budget but it will be a responsible budget that will balance. one that will aim to grow the economy, drive down unemployment, expand opportunity and prosperity for the private sector and ensure that america maintains its leading role in the world as a strong national defender. americans can do this. w
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to the all-new 47 combined mpg c-max hybrid. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. ♪ ooh baby, can i do for you today? ♪ [ female announcer ] need help keeping your digestive balance? align can help. only align has bifantis, a patented probiotic that naturally helps maintain your digestive balance. try align to help retain a balanced digestive system. try the #1 gastroenterologist recommended probiotic. align. >>> welcome back to the second half of "outfront." we start with stories we care about, where we focus on reporting from the front lines. and tonight we go to mexico city, where mexico's interior minister says that 14 people have died and another 80 have been injured after an explosion at the offices of mexico's state-run pemex oil company. those numbers, obviously, are not final. the story is still developing and authorities tell our affiliate foro-tv that at least 30 people are trapped in the building after the blast. it is unclear right n
taxes. >> can we combine some smart spending cuts because there's still some waste in government, can we reform our health care programs in particular and can we close loopholes and productions that folks who are well connected and have a lot of accountants can take advantage of. there's no doubt we need additional revenue coupled with smart spending reductions in order to bring down our deficit. >> president also warned congress about the danger of alowing the sequester to go into effect. >> washington cannot continually operate under a cloud of crisis. that freezes up consumers, gets businesses worried. we can't afford the self-inflicted wounds. >> no another tweet david plouffe said message delivered to big audience on balanced budget, deficit reduction, economy growth. on abc, an unlikely name was invoked for direction. >> i think what we need to do is do some things mitt romney taungd abo talked about. he said there are tax loopholes that should be closed. there are efforts being made to only get rid of the sequester as it relates to defense. i repeat, $2.6 trillion already all comi
in this country and jobs but it increases revenue because, you know, think about it. more people paying taxes. you know, that's just good stuff when people are paying taxes. folks are getting educated in america. they are serving in our armed services. they are making our country better and brighter and safer blah, blah, blah, blah, blah blah. why do we need immigration reform? why? it's so important and we will take calls on that too. give us a call on that. taking calls on chuck hagle. twitter is abuzz about chuck. what do you think about this whole immigration stuff? >> it's time to get it done because republicans have finally, gotten on board. i think it's a shame, the time that they deem it's time to get it done. the time to really do it was five years ago. i mean a long time ago. but it's pretty from the parent that republicans realize they have got to get on board because they got their asses handed to them in the last election. the fact that now everybody wants to come to the table and participate, i think it's sad, and i think that it's worth pointin
for their financial well-being. current discussions about tax reform would lead us to expect the policy makers would use the process for the opportunity to strengthen their retirement system and improve its effectiveness. we believe that much can be accomplished by strengthening and building on our existing retirement programs such as social security, employer sponsored plans, financially innovative products incentives for longer work and increased financial education and planning there is new research showing american workers are not saving enough. even at research institutes retirement security projection model for 2012 shows 44% of baby boomers and generation x won't have enough retirement income to cover basic retirement expenses and uninsured health costs. the shortfall the average savings deficit for a single female is little over $133,000. that's the additional amount a single female would on average need to save by age 65 to eliminate the shortfall. the recent economic crisis has made it even more difficult. the low contribution rates and the lack of understanding of the need for the compreh
is there that he put spending cuts on the table. he asked them for them to be paired with tax increases as well. there is more good will than people realize. more agreement that we have such a big budget problem that will we're going to fire on all cylinders. we have to cut spending. frankly, we have raise more revenue. >> you're listening to the california program and our speakers are economic experts. we are discussing national, regional, and global economic challenges. you can find video online. there's a series of questions around employment and job growth. what what is your outlook on job growth? >> i will start. i think -- i will say i was here last year and i'm more optimistic this year than last year. we made a significant amount of progress. it looks like housing prices have started to turn the corner. if you look at household balance sheets we see that consumers have paid down that debt that weighed on them. i think there are reasons to be optimistic. i am fairly optimistic. i think we still have things weighing on us. i think the concern about, are we going to shoot ourselves in the
create thousands of jobs across the state. and we can do it without raising taxes. [applause] so please, let's stand together and let's stand together with the over 2500 construction workers. we want to put to work building world class schools across the state for our world class workforce and while we're at it, let's make sure those 2500 plus construction workers newly employed by the jobs bill, are our friends and our neighbors. right now we have a law on the book that is supposed to require that at least half of the workers on any construction project funded by state or local taxpayer dollars be montana residents but it is riddled with loopholes and it is not enforceable. when taxpayer money is funding a project, let's put montana companies and montana workers first. [applause] again, together we can work together to close these loopholes, expand the requirement to all projects too, not just construction. and let's also significantly increase the proportion of montana workers required on any state or locally-funded project. i hope you'll join representative amanda curtis and i to pas
. and immigrants pay payroll taxes, social security taxes, sales taxes. they put much more into the system than they ever take out. so it's a question of fairness a question of how we strengthen american workers and protect the dignity and rights of the immigrant worker. >> jennifer: what do you make of the news today that fox con is the apple computer parts plant in china what do you think of the fact that they announced that they are going to allow workers to unionize? >> i think it's a really positive step in the right direction. i hope it's legitimate. we see tremendous abuse of workers in ail different parts of the world. we're involved in a campaign in mexico, where tremendous abuse of worker, and they do wire harness work in deplorable conditions. it's very much like the fox con story. anywhere that global public pressure can convince companies that they should give workers the right to organize and the right to collective bargaining that is very very positive. >> jennifer: and will that convince countries they should be more responsive to union workers, like in
too high taxes and if we would just cut that spending and we would have that big recovery, if that is your theory, and it is pretty much the major theory of the political party this week, then you had a bad week. we got two pieces of bad news, one was bad, one good. one was the economy shrunk in the first quarter of 2012. that is the bad news, the other is that the economy added 157,000 jobs in january. but, and this is actually even more important, it added 127,000 more jobs than we thought in november and december. so altogether, today's jobs report added more than 280,000 jobs. 280,000 to the economy. that is pretty good. but it was what those reports said about the debate we are having in washington that was really interesting. when we measure economic growth, we're not measuring all that many things. it is only four main things, at least in category, there is consumer spending, what you and i buy. there is investment, so factoring in getting a new machine, that was very slightly down. there is trade, the stuff we export, minus the stuff we import. that is a bit down.
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. chuck, you know, the payroll tax holiday went away in january. everyone got their first paycheck in 2013 and said, it's a lot smaller, what's the heck's going on. and that's reflected in the confidence numbers. no one really likes the back-and-forth and vitriol in washington, it makes people nervous, particularly business people. but for consumers what really matters is the paycheck and the paycheck is smaller and they're not really comfortable with that. >> what will it take for the unemployment to get below 6% or in that range, we got to start seeing jobs added, we got to start seeing it in the 300s, in the 400s, in the 500s, when will we see it in this economy? it still feels like treading water. >> i don't think it's in the next three, six numbers, because we have to digest the tax increases and we have more government spending cuts coming. that's going to weigh on growth. my sense is by the end of the year we'll get job growth over 200k and by 2013 when the housing markets is in full swing, it will be 300k, we should be in 300k territory in 2014 and that's when the unemployment will
of companies paid out dividends in anticipation of tax law changes. also, some companies paid out special bonuses. that did lead to an unusually strong number for december. but, you know, in general, it was a temporary kind of thing. we would not expect those things. host: how did the year look? guest: overall, we had an increase of 3.5% for the year .12. -- 2012. that is a good increase. it is a little below the long- term trends. host: when is a personal income, is that take-home pay or are there several factors associated? guest: there are a number of factors involved. within personal income, we have wages and salaries which account for more than half of the total. we also have small business income, things like rental income and also investment income in terms of interest and dividends and so forth. there is transfer income, social security and unemployment and so forth. there is a variety of types of income. it is an all-encompassing. host: a boost as far as money is concerned. what does that say overall, not only from how people personally did but how does it into the economy? guest
of a tax -- of disclosure. michael bennett, senator from colorado, happens to be a brother of our editor in chief, james bennett. you would think that would be great access, but it is a hurdle. they do not dislike each other, but they are so careful about not mingling interests of what got you here today was the talk about immigration. i thought about getting all of you together, but you have slightly different takes. you are a member of the group of eight. maybe it is not a group of 7.5, depending how senator menendez is doing. >> we will see. >> in the question of how the white house -- even today, the president said at the democratic house retreat that he is heartened by democrats and republicans both seem to take this seriously. politics may not be easy. there are regional variations in the country. there is youth and dynamism. i love you in your group of eight role. also sharing your work with the colorado compact. talk about the michael bennett vision of what we need to do to achieve immigration reform. >> if i can, let me take you to colorado on this issue. that is where my intere
it to him. >> john mccain is not the issue, it is chuck hagel. his problem is not some tax, it is knowledge, elementary knowledge. he spoke about the government of iran as illegitimate the elected government. we know that the revolution of 2009 was part by the fact that it was a rigged election, an illegitimate economy. the clip i wanted you to show was the one in which he said, he was asked about the policy of containment. it was not a bad during issue. he says, yes, i support the administration's policy of containment. he then gets a note that says, i have been told that i made a mistake. of course i am not in support of that. a policy of this administration on containment is that it does not have a policy of containment. at which point democratic senator levin had to rescue him and said, in fact, the administration has a policy of containment, and it is to oppose it. he was clueless. >> colby? >> he was in the position where he had to dodge a little bit. let's go back to the exchange with senator mccain on the surge. the issue was never the surge when you talk about iraq. the issue, as s
, at very times, made common cause with the antigovernment, anti-tax, anti-everything. they were willing to get in bed with him at certain points. and now they're paying for it. and karl is trying to unwind what he's wound. >> he's like a track tout. i used to go and after the races were over, they would show you who they'd recommend you'd bet on. it was always the winners that pass out the free picks. i would have bet on this guy. that's rove out there saying i would have had all of these winners picked, we would have won all of these general elections and now everybody realizes we're going to go over it in a minute. but your thoughts? >> now, i totally agree with howard. your analogy there. the problem for karl is we have all the betting slips. his two organizations, american cross roads and cross roads gps had a 1% and a 14% success rate. that is not a good track record. it doesn't auger well. this guy, basically, built donors out of more than $200 million and got no return on investment and now he's coming back and saying oh, i can fix the party. good luck with that. >> let's take a
the crisis of this oil spill to try to promote his energy tax. and i've had numerous people all over the district question whether his poor response to this oil spill was purposeful so that he could promote his energy tax. i don't know. >> i don't know. maybe he is just letting that oil spill for political purposes, because he is a nazi and a marxist. who could know? the same congressman decided during the state of the union address in 2011 that he would not attend the speech in congress, but rather he would troll the speech on twitter. quote, you don't believe in the constitution, mr. president. you believe in socialism. that's what he was tweeting during the state of the union. he has declared nancy pelosi a domestic enemy against whom he is sworn to protect the nation. he has said that president obama is part of a socialistic elite planning to declare martial law. and he has said that the president may use the excuse of a flu pandemic to declare a martial law. he said, quote, we've seen that historically. guess how this gentleman feels about health reform? >> folks, this is obama
by their tax return this year. >>> not just (woman) 3 days of walking to give a break cancer survivor a lifetime-- that's definitely a fair trade. it was such a beautiful experience. (jessica lee) ♪ and it's beautiful (woman) why walk 60 miles in the boldest breast cancer event in history? because your efforts help komen serve millions of women and men facing breast cancer every year. visit the3day.org to register or to request more information today. it was 3 days of pure joy. ♪ and it's beautiful >>> megan mcgrath is live outside and spotting flakes from this had live picture. we have an update in a few minutes. >>> also today, keeping close tabs on the labor department. it will release its january jobs report this morning. today is february 1st, of course. economists expect the unemployment rate to remain at 7.8 for a third straight month according to the research firm fact set. they believe the economy added about 155,000 jobs last month. it averaged about 150,000 per month for the past two years. >>> it appears the obama administration is ready to make a more active role in t
much too fast? >> so the answer should be another stimulus package, tax cuts, more government spending? >> there are people who argue that. gwen: there's no political appetite for it. >> it is not going to happen. what kruger is talking about, the president's economist is let's not cuts too fast. the only way we could get anything that resembles stimulus if we got a long-term spending thing but that looks unlikely. >> there was criticism by the republicans this week over the white house's decision to disband -- disband the president's jobs council. what was this and what difference does it make? >> i don't think it makes any difference at all. i love republicans criticizing the president for disbanding something they said didn't do anything in the first place. it seemed like it was an act of political theater that had run its course. the president hadn't met with them over a year. it never had any purpose other than p.r. gwen: now just another blue ribbon commission. >> even worse. >> there was a lot of talk on capitol hill this week about the upcoming budgets cuts and whether or not t
, yes, deficits and taxes and sequesters and potential government shutdowns, debt ceiling, we'll talk about that stuff. but we'll talk about it from the perspective on how we're making sure someone works hard in this country. a cop, teacher, a construction worker, or a reception worker, they can make it if they work hard. their kids can make it and dream bigger dreams than they have achieved. obviously, a lot of what we'll be working on over the next few weeks is going to be on how do we deal with this sequester issue. i want to make this quick point. i had a press conference this week in which i reiterated that i'm prepared, eager, and ang shouse that ends this government by crisis that every two week or every two months or every six months we are threatening this hard recovery, are finally housing is picking up and real estate is doing better and unemployment numbers are still too high. we're geing job growth and manufacturing is doing well and we continue to have these self-inflicted crisis here in washington where suddenly someone taps the brakes. what i said this week was i want
the coughequences™. and the active ingredient relieves your cough. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. so, i'm working on a cistern intake valve, and the guy hands me a locknut wrench. no way! i'm like, what is this, a drainpipe slipknot? wherever your business takes you, nobody keeps you on the road like progressive commercial auto. [ flo speaking japanese ] [ shouting in japanese ] we work wherever you work. now, that's progressive. call or click today. >>> welcome back to the second half of "outfront." we start with stories we care about, where we focus on reporting from the front lines. and tonight we go to mexico city, where mexico's interior minister says that 14 people have died and another 80 have been injured after an explosion at the offices of mexico's state-run pemex oil company. those numbers, obviously, are not final. the story is still developing and authorities tell our affiliate foro-tv that at least 30 people are trapped in the building a
. you have to get in the back of the line and pay taxes. we don't know what kinds of fines they are going to have to pay. two different talks here of amnesty. ann coulter is on the rational review side. she said some were democratic voters. who is going to win this argument in the republican are party. do the democrats need all of the republicans? they just need some. >> it should be fascinating to watch. into the storm goes marco rubio. we are going to find out a lot in the cone teflt text of his aguilt to weather the storm. if he can't rally people to a great cause. he goes into the storm now with conservatives and republicans about to have a important debate about the future of our party. thank you both for joining me tonight >> >>> good evening, americans, and welcome to "the ed show" from new york. republicans have the audacity to attack a highly decorated veteran and label him as a dove? this is "the ed show." let's get to work. >> i'm pleased to see an old friend here before the committee. >> the hague hearing started out friendly and got ugly fast. >> were you corre
later, the president of women tribe worldwide tax about the state of women's rights. " washington journal host: good morning. we will learn more about immigration with the judiciary committee. the senate could work this week on the chuck hagel nomination. the question remains whether or not republicans will block the nomination with a filibuster. the president traveling to push for slacker gun laws. with the nation focusing on the super bowl, we want to turn to washington's role on regulating the nfl. we will use super bowl sunday to talk about government regulations when it comes to the issue of steroids or head injuries. the phone lines are open. let's begin with a look at some of the headlines courtesy of the museum. from "the san francisco chronicle" -- from "the baltimore sun" -- let's turn to the politics and policy behind the nfl. this is a story a few days ago from "the washington post." outlining a plan and a letter to the executive director of the players union. they agreed as part of a 2011 collective bargaining agreement that the players should be tested for hgh, but t
cuts and tax revenue. republicans, of course, are not happy with this strategy. one senator saying that the president needs to get serious about this pointing out that americans don't want anymore tax increases. >> it's a huge issue. dan lothian at the white house. thank you. >>> also at the white house today the president has been meeting with labor and business leaders to push his plans for comprehensive immigration reform. later this hour i'll speak with one of the people who are inside that meeting with the president, the goldman sachs ceo, lloyd blackfine. he'll be in "the situation room." we'll hear from a rising star, san antonio mayor, julio castro who came to discuss fixing immigration. all of that coming up. at the same time, the president was speaking to reporters at the white house. the republicans number two man in the house of representatives was in the middle of his speech debuting the republican party new message to voters. eric cantor gave our chief congressional correspondent dana bash a preview. listen to this. >> there's a lot of lessons to be learned from the l
bad sin tax. he was deflecting attention. he wasn't shy. he met with the press every other week. it's more than any other president. he was out there. he was careful not to overstate things. careful not to show off too much. >> i want to ask you and this is the last thing, was he a little bit vain because of the eisenhower jacket. he took pains to show off his physiq physique. >> he did. i asked his family about it. he was a buff guy and he looked good in the eisenhower jacket, which he designed. he was vain, aren't we all? he was careful not to show off. >> well, i'll glad you showed off with this book. it's a good one. "ike's bluff." thanks for joining us. >> thanks. >>> the best super bowl ad ever. first, let's get to number five. pictures of kate middleton showing for the first time. evidence of her pregnancy. she did not step out for weeks. she was hospitalized for mourning sickness. she appears in fine form now. we are wishing her well. , we replaced people with a machine. what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk t
Search Results 0 to 49 of about 212 (some duplicates have been removed)